In line with its strategy of taking over external investments program dedicated to industrial performance, EDYCEM, concrete industry subsidiary of HERIGE, announces the start of exclusive negotiations with BHR to acquire six concrete plants in Sarthe (72) and Mayenne (53) in Western France.
The acquisition will help strengthen HERIGE Group’s geographical coverage and further its business development. The Concrete Industry business is a strong growth driver for the Group.
The BHR plants employ 35 people and generate a full-year turnover of approximately €10 million.
The acquisition is expected to be finalized by March 2020 at the latest, following consultation with employee representative bodies.
The Group will keep the market informed of the project’s progress.